Malaysia's PNB rules out any plans to issue exchangeable bonds

Malaysia's PNB rules out any plans to issue exchangeable bonds

Kuala Lumpur, Malaysia. Photo: Alex Block/Unsplash

Malaysia’s $72-billion government-linked investment fund Permodalan Nasional Bhd (PNB) has denied that its board had approved or considered any plans of an exchangeable bond programme to be issued by the fund.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter